U.S. Net Oil Imports Increase As Domestic Production Declines

The days of Energy Independence may be over for the United States as net oil imports rise as domestic production declines.  Just a year ago, the U.S. oil industry produced over 13 million barrels per day of oil.  However, due to the pandemic shutdowns, the peak of U.S. shale oil production has likely arrived…

This content is for Corporate Membership Plan, Gold Membership Plan, and Silver Membership Plan members only.
Login Join Now